The Impact of Energy Policies on the Development of Renewable Energies

Abstract

In a world dominated by oil, each country has to design its own energy policy to cope with increasingly scarce stocks of this fossil fuel. Particularly, the United States, France and Germany engaged into significantly different paths coping with challenging constraints such as ensuring economic growth, security of energy supply, and respect of the environment. The impact of these energy policies on the development of renewable energies has been assessed by analyzing each national policy from the economic, political, and technological standpoints. The results of this study provides some explanations of tactical moves made by these energy hungry economies to cope with the increasing pressure put on the oil supply market and to prepare for a future where green energies are bound to play an increasingly important role.